The Bureau of Internal Revenue is mandated by law to assess and collect all national internal revenue taxes, fees and charges, and to enforce all forfeitures, penalties and fines connected therewith, including the execution of judgements in all cases decided in its favor by the Court of Tax Appeals and the ordinary courts (Sec. 2 of the National Internal Revenue Code of 1997).
To register your business in BIR is a must. This is to properly pay your taxes and to avoid tax evasion cases. The process of business registration will depend if your business is owned by a single taxpayer or a corporation, partnership or association.
To comply with the BIR, you can first download and complete the following forms from the BIR website before going to the BIR office:
BIR FORM 1901 – Application Form for Single Proprietors
BIR FORM 1903 – Application Form for Partnerships and Corporations
Other forms to be submitted for all types of businesses:
BIR FORM 0605 – Payment Form
BIR FORM 2000 – for Documentary Stamp Tax
Other BIR business registration document requirements:
DTI or SEC certificates. Bring original and photocopies
Mayor’s Permit
Contract of Lease if you rent the place of business, or Land Title/Tax Declaration if you own the place of business.
Business location map
Navigating the business landscape in the Philippines can be both rewarding and intricate. Whether you’re embarking on a new venture or scaling up, ensuring that your corporate endeavors are in line with local regulations is paramount.
At CBOS Business Solutions Inc., we pride ourselves on simplifying these processes for our clients. As a seasoned professional services company, we offer comprehensive assistance with SEC Registration, Visa processing, and a myriad of other essential business requirements. Our team of experts is dedicated to ensuring that your business is compliant, well-established, and ready to thrive in the Philippine market.
Why venture into the complexities of business registration and compliance alone? Allow our team to guide you every step of the way. After all, your success is our commitment.
Get in touch today and let us be your partner in achieving your business goals in the Philippines.
Email Address: gerald.bernardo@cbos.com.ph
Mobile No.: +639270032851
You can also click this link to schedule a meeting.
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